This book provides comprehensive and concise definitions of risk pooling and risk-pooling methods, a straightforward statistical explanation, and a value-chain oriented framework for analyzing risk-pooling methods. Risk pooling mitigates demand and lead time uncertainty in logistics and supply chain management. The author also provides readers with a downloadable computerized decision support tool to compare and choose appropriate risk-pooling methods and to apply them in companies. Students and practitioners of logistics and supply chain management will find this book particularly useful. Prof. Dr. Gerald Oeser studied International Business Administration majoring in International Logistics, Supply Chain Management, and Production and Operations Management at Ecole Supérieure de Commerce in Reims, France and at the European University Viadrina Frankfurt (Oder), Germany, from which he also received his PhD. He has worked as a consultant for German and international printing, publishing, paper wholesale, service, travel, engineering, and car accessories companies as well as a lecturer for Logistics and Supply Chain Management at German and international universities. In 2012 he became Dean of Studies and Professor for Logistics Management at the European University of Applied Sciences in Neuss, Germany.
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